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| South America is likely to produce approximately 160 million tons of soybeans in the 2013/2014 season. That’s what says a recently released study by Porto Alegre-based consultancy Safras & Mercado. The planted area is expected to grow, according to the study, to 133.4 million acres. Productivity in the region would grow by five percent.
Brazil would be accountable for at least half of the total amount produced of soybean in South America, having the Center-West (states of Mato Grosso do Sul, Mato Grosso, Tocantins and Goiás) as its main region. Safras’s forecast for Brazil alone is 88.1 million tons soybean production.
“On one side there is growth of inputs on the fields related to the improvements on the levels of capitalization of the farmers. On the other side the use of new areas with less potential has limited the productive potential”, reads the study.
Edited by Gottlieb 8/16/2013 06:28
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Safras & Mercado: South America will produce 160 million tons of soybeans
